India benchmark bond yield to be at 7.50%, rupee at 84 by March: UBS
- India's benchmark bond yield was down by 25 basis points at 7.25%, over the last one month
India's benchmark 10-year bond yields are expected to rise due to higher government borrowings, while Indian rupee may see steep depreciation by the end of current financial year as pressure on emerging market currencies resurfaces, said a rate strategist from UBS.
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